June 30, VIEWS The pervasive phenomenon of excess liquidity in the developing countries has continued to be of concern as it stands to distort any economy. In Nigeria liquidity crisis in the system started in the early s and it is still persisting therefore defying all solutions proffered by the regulatory body since that time. The funds outside the banking system constitute a major bottleneck to the effective working of any policy aimed at controlling liquidity and other variables like inflation, exchange rate and interests rates. A professor of Economics at the university of Ibadan who went all the way to do a research sponsored by Magnum Trust Bank Plc professor Ademola Ariyo said that in spite of the existence and activities of relevant intermediation institutions and financial sector regulatory agencies, excess liquidity has become persistent macroeconomic headache for Nigeria over the years.
This week's Thought Leadership piece comes from Dr. Victor Igharo and Dr. They put a spotlight on the dire need for better family planning approaches in Nigeria and explain how this new initiative holds potential promise for sustainable gains in the family planning space.
We visited a family planning clinic where we were counseled on all methods of family planning. Thereafter, my wife went for some tests and decided to use injectables. When we wanted to have our second child, there was no delay after the injectable was stopped.
We have three children with at least three years between them. We want to encourage people to seek for family planning advice to know the best method for them and also give birth only to the number of children you can take care of. NURHI's awareness is making a lot of impact in the city, more people are now aware of the benefits of family planning and they are going for it.
Investing in family planning has been identified as critical to accelerating Nigeria's progress on 5 of the 17 Sustainable Development Goals SDGs: People, Planet, Prosperity, Peace, and Partnership. This potential acceleration is important for several reasons, but primarily because without such an investment, the Nigerian population will rise to an estimated million people by It is anticipated that just over half that number will be living in urban areas.
If nothing is done about this exponential growth, by Nigeria will become the 3rd most populated nation in the world.
This growth has incredible implications for resource allocation in Nigeria, both for individuals and the nation as a whole. The pressure this would place on citizen's budgets is likely to increase the risk of illness and deaths, as families struggle to meet competing needs with their limited resources.
Family planning benefits include a reduction in unwanted pregnancies, as well as a reduction in maternal and infant mortality. The high incidence of infant mortality is often as a result of insufficient spacing of pregnancies and frequent births.
Family planning is therefore essential if we are to secure the health, well-being, and independence of women and families. It is estimated that 1. In order to achieve this type of progress in Nigeria, a lot of collaboration is required between the Federal and State Ministries of Health and other partners in the family planning space.
The Challenge Initiative A recent initiative with exciting prospects for improving the state of family planning in Nigeria, "The Challenge Initiative," TCI will use a "business unusual" model for catalyzing family planning investment.
TCI's model will be based on several components: States that express an interest in the TCI intervention will play an active role in project design and implementation, while local and global partners will play supporting and facilitating roles.
Quick alignment and leveraging of resources: TCI will collaborate with multilateral agencies, bilateral partners and private foundations to meet the family planning needs of the urban poor. Early wins and visibility:investment. Overcoming such obstacles requires major reforms in the public sector to enhance its efficiency and effectiveness.
It also requires better governance that is more inclusive of the the tendencies towards either ethical or corrupt behaviour. Increasing integrity or ethical conduct. This potential acceleration is important for several reasons, but primarily because without such an investment, the Nigerian population will rise to an estimated million people by A project feasibility study is a comprehensive report that examines in detail the five frames of analysis of a given project.
It also takes into consideration its four Ps, its risks and POVs, and its constraints (calendar, costs, and norms of quality).
The effect of foreign direct investment on growth in Sub-Saharan Africa Mary-Ann Juma investment-worthy location, by working with national governments to lower risks which In Nigeria, for example, the Nigerian Enterprises.
Assessment of Value Added Tax and Its Effects on Revenue Generation in Nigeria Onaolapo, Adekunle Abdul-Rahman Revenue, Nigerian Economy,Taxation. 1. Introduction One of the recurrent problems of the three-tier structure of the government in Nigeria is dwindling revenue evading behaviour. Feb 01, · The Nigerian Scam has been emptying the pockets of victims for decades — first through letters, then with faxes, and now via e-mail.
In its earliest incarnation, which dates to at least the s, it was known as ‘The Spanish Prisoner’ con.